Senior Trust Portfolio Manager

Columbia Bank; Portland (OR); On-site; USD 120,000 - 215,000; Full time

Benefits offered by this job

Healthcare

401(k) match

Life insurance

Disability insurance

Tuition assistance

Job summary

Columbia Bank, a respected financial institution, seeks a Senior Portfolio Manager to lead client acquisition and portfolio management for ultra‑high‑net‑worth individuals and family offices in the United States. You will apply deep investment acumen, fiduciary knowledge, and expertise in alternatives to design bespoke investment solutions and grow the franchise.

You will develop strategic initiatives to expand the UHNW client base, build trusted advisor relationships, integrate traditional and

Qualifications

• Bachelor’s degree in Finance, Economics, or related field; advanced credentials preferred.
• MBA, CFA, CFP, or CTFA preferred; 7+ years of industry experience required.
• Strong understanding of accounting literature, regulations, practice, and theory.
• Proficiency with Microsoft Excel and Word.
• Excellent written and verbal communication; team player.

Responsibilities

• Lead client acquisition for ultra‑high‑net‑worth clients and family offices.
• Design and manage customized portfolios including multi‑generational wealth planning.
• Integrate traditional and alternative investments to optimize risk‑adjusted returns.
• Provide proactive portfolio reviews, performance reporting, and strategic rebalancing.
• Lead advisor and relationship manager for UHNW clients and family offices.
• Coordinate with legal, tax, and estate planning professionals to ensure compliance.

Job description

About the Role

Senior Portfolio Manager to lead client acquisition and portfolio management for ultra-high-net-worth individuals and family offices. This role requires deep investment acumen, a strong understanding of fiduciary trust laws, and expertise in alternative investments. The ideal candidate will be instrumental in growing the firm’s franchise by attracting and retaining sophisticated clients and delivering bespoke investment solutions.

Develop and execute strategic initiatives to acquire UHNW clients and family offices.

Leverage personal networks, centers of influence, and strategic partnerships to expand the client base.

Collaborate with marketing and business development teams to position the firm as a trusted advisor to UHNW families.

Develop and execute strategic initiatives to acquire UHNW clients and family offices.

Design and manage highly customized portfolios tailored to complex client needs, including multi-generational wealth planning.

Integrate traditional and alternative investments to optimize risk-adjusted returns.

Provide proactive portfolio reviews, performance reporting, and strategic rebalancing.

Serve as the lead advisor and relationship manager for UHNW clients and family offices.

Conduct in-depth discovery to understand family dynamics, legacy goals, and investment preferences.

Deliver white-glove service and maintain long-term, trust-based relationships.

Apply comprehensive knowledge of fiduciary trust laws in advising on trust structures, estate planning, and wealth transfer strategies.

Coordinate with legal, tax, and estate planning professionals to ensure compliance and optimal outcomes.

Advise on governance frameworks and fiduciary responsibilities for family office structures.

Source, evaluate, and incorporate alternative investments such as private equity, venture capital, hedge funds, and real assets.

Conduct rigorous due diligence and risk analysis on non-traditional investment opportunities.

Educate clients on the role of alternatives in portfolio diversification and long-term wealth preservation.

Contribute to the firm’s UHNW strategy, investment platform development, and thought leadership.

Mentor junior advisors and portfolio managers, fostering a culture of excellence and innovation.

Stay current on market trends, regulatory developments, and family office best practices.

Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.

Keeps up to date on regulation changes.

Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.

Takes personal initiative and is a positive example for others to emulate.

Embraces our vision to become "Business Bank of Choice". May perform other duties as assigned.

About You

Bachelor’s degree in Finance, Economics, or related field; MBA, CFA, CFP, or CTFA preferred 7+years — of industry work experience (Required)

Thorough understanding and ability to interpret moderately complex accounting literature and accounting pronouncements, regulations, practice, and theory, as well as the ability to apply this knowledge to day-to-day activities.

Intermediate computer skills with an emphasis on Microsoft Office products, including Excel and Word.

Organizational and project management skills.

Effective team player.

Effective verbal and written communication skills.

Ability to meet bonding requirements for employment purpose.

Stays informed of developments in security markets.

Performs investment research.

High level of understanding of asset allocation strategies.

Skills and knowledge to manage individual equity or fixed income strategies Occasional

The base pay range for this role is $120,000.00 to $215,000.00. The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Evergreen

This posting is part of an evergreen requisition to create a pipeline of talent. While we may not have an immediate opening at this time, we are always looking for top talent and will reach out as positions become available in the posted locations.

Our Benefits

• comprehensive healthcare coverage (medical, dental, and vision plans)
• 401(k)-retirement savings plan with employer match for qualifying associate contributions
• employee assistance program
• life insurance
• disability insurance
• tuition assistance
• mental health resources
• identity theft protection
• legal support
• auto and home insurance
• pet insurance
• access to an online discount marketplace
• paid vacation, sick days, volunteer days, and holidays

Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [e-mail].

To Staffing and Recruiting Agencies

Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

Our Culture

• Relationships: We create authentic connections with customers, colleagues, and communities.
• Impact: Every role here makes a meaningful difference in people’s lives and local economies.
• Growth: We invest in your success with career development, mentorship, and learning opportunities.
• Heart: We care deeply about doing what’s best for our customers and each other.
• Trust: Integrity and transparency guide everything we do.

Why work for Columbia Bank

A strong, stable financial foundation with over $67 billion in assets and a diverse portfolio that supports flexibility and opportunity. A culture of belonging and purpose, where your ideas matter and your work has impact. Competitive benefits and flexibility designed to help you thrive personally and professionally. Community engagement that matters, from supporting local businesses to empowering youth through financial literacy initiatives.

Ready to Do RIGHT for your career, your community, and your future? Explore opportunities and join Columbia Bank today.